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. >>> i'm steve. there's a lot going on today so let's get right to out. president obama holds the first postelection news conference. now if only there was something to talk about. >> let me help you out, steve. i'm crystal ball. deal or no deal? >> take a breather, crystal. we'll get to all of that, i promise, because one of those stories about to get a whole lot more interesting. >> finally, someone besides me is talking about benghazi. will actions speak louder than words? >> all that plus she is the closest we have to royalty t
. >>> i'm steve. there's a lot going on today so let's get right to out. president obama holds the first postelection news conference. now if only there was something to talk about. >> let me help you out, steve. i'm crystal ball. deal or no deal? >> take a breather, crystal. we'll get to all of that, i promise, because one of those stories about to get a whole lot more interesting. >> finally, someone besides me is talking about benghazi. will actions speak louder...
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. >> governor, i mean, to your point, i read it entirely differently from steve. i read it as, i'm probably not going to appoint her -- >> fighting for her. >> i'll get a defense out automatically so that when i don't we don't have to relitigate this again and everyone knows where i stand on my friend susan rice. but you and i talked about this earli earlier, governor and made a bet with a colleague. >> not for $10,000. >> not. >> way more than that. >> you and i agreed against another colleague that if susan rice was put up for nomination we could think of a couple democrats who would oppose her nomination. >> right. >> why would obama waste capital on susan rice when he's got so many other things to worry about right now? >> s.e. makes a good point. the president has to use capital. we need republican cooperation to get anything done in this country, important things. >> right. >> why rip off a scab and an open sore trying to build that cooperation? that's on the one hand. on the other hand, the president i believe, deeply believes that this is unfair but i thin
. >> governor, i mean, to your point, i read it entirely differently from steve. i read it as, i'm probably not going to appoint her -- >> fighting for her. >> i'll get a defense out automatically so that when i don't we don't have to relitigate this again and everyone knows where i stand on my friend susan rice. but you and i talked about this earli earlier, governor and made a bet with a colleague. >> not for $10,000. >> not. >> way more than that. >>...
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all right, steve. thanks very much for doing the leg work on that. steve liesman. even before today's hard line from the president at his press conference today, reports today that the president wants $1.6 trillion in tax revenue over ten years. that is twice the amount the president and republicans nearly agreed to last year during the whole debt ceiling debate. like any business deal this is all about the art of negotiating. let's put politics aside, find out what two experienced negotiators think and how they size up the fiscal cliff negotiations. joining me now is a partner at step two and johnson. he gives president obama the upper hand. but robert friedman who negotiates mna deals says republicans stand to be the winners. thank you so much for joining us. robert, is it smart negotiating by president obama to now double the amount he wants to raise in tax revenue? is this a scare tactic? >> i think it's brilliant negotiation, really, maria. i think as far as the art of negotiation, which is the topic you introduce, i think there are two keys. one is, do you ha
all right, steve. thanks very much for doing the leg work on that. steve liesman. even before today's hard line from the president at his press conference today, reports today that the president wants $1.6 trillion in tax revenue over ten years. that is twice the amount the president and republicans nearly agreed to last year during the whole debt ceiling debate. like any business deal this is all about the art of negotiating. let's put politics aside, find out what two experienced negotiators...
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cnbc's steve leisman is here with that. what do they have to say? >> so they told us what i think we knew, which is that they're probably going to do additional asset purchases in january when the extenders -- what they're doing right now, this operation twist -- when that runs out. selling short term, buying long ter term. qe3-plus, maybe qe4. it is another extension of "operation twist" but they'll get rid of the selling and all they'll be doing is buying. that's one thing. another thing is they're having this big discussion internally about the guidance they provide and all i can tell you, michelle, is when i read the minutes, it doesn't sound like the discussion's ready for prime time. they are literally all over the place. they agree it needs to clang. what's the sflem they don't like this calendar dade guidance. they think it should be linked to economic goals, or economic targets. like we will stop keeping rates low when unemployment gets below, x or if inflation gets above y. but they can't agree on the targets. they're worried about the eff
cnbc's steve leisman is here with that. what do they have to say? >> so they told us what i think we knew, which is that they're probably going to do additional asset purchases in january when the extenders -- what they're doing right now, this operation twist -- when that runs out. selling short term, buying long ter term. qe3-plus, maybe qe4. it is another extension of "operation twist" but they'll get rid of the selling and all they'll be doing is buying. that's one thing....
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that's it from cnbc, first in business worldwide. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> with today's press conference behind him, the president quickly moved on to meetings with business leaders from companies as diverse as aetna and epcy to chevron and walmart. on friday he welcomes congressional leaders to the white house when he says he'll attempt to come to an agreement on taxes and soon. >> i want a big deal. i want a comprehensive deal. i want to see if we can, you know, at least for the foreseeable future provide certainty to businesses and the american people so that we can focus on job growth. >> msnbc's mike viqueira joins us live from the white house. t
that's it from cnbc, first in business worldwide. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td...
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you, steve. >> steve: thank you very much. and this -- >> i'm glad you reached out. >> steve: this next one keith can identify with because it says my daughter use the word like far too often. practically every worry word. i noticed this is a common trend with kids these days, but can it be normal? >> it can be normal, like, i can do this incredibly, like, because i have a 1-year-old daughter. the other -- 1-year-old daughter. -- 14-year-old daughter. they end statements with questions, so they're like in class? and i go to campus? the bottom line is, this is normal, but here is my fear. i think it may mean that this generation isn't quite certain of what they think and feel. everything ends with a question. everything is like. nothing is definitive. >> brian: i want to get a question from the headlines. powerful people doing things they clearly know are wrong, three generals, one illicit affair, and other things. how does someone do something so dumb? >> we know from freud and before that the sexual drive trumps everything. i
you, steve. >> steve: thank you very much. and this -- >> i'm glad you reached out. >> steve: this next one keith can identify with because it says my daughter use the word like far too often. practically every worry word. i noticed this is a common trend with kids these days, but can it be normal? >> it can be normal, like, i can do this incredibly, like, because i have a 1-year-old daughter. the other -- 1-year-old daughter. -- 14-year-old daughter. they end statements...
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and you're going to the frustration and people like steve. you have a president and you that we're working on immigration reform in congress. they're trying to get people like marco rubio, like myself. he decided by executive order to do something they had no authority to do. and he decided to do something like that, and instead of advancing the ball on immigration, what he did is he poisoned the well so we wouldn't be willing to work on immigration reform. if you think about it, the only reason we didn't have immigration reform during the bush administration is because two gentlemen, rahm emanuel in the house and barack obama in the senate decided to vote for an amendment to the immigration bills that actually help the union. they were backed by the unions, and they decided that they would poison the well by voting for those amendments that killed immigration reform. nobody talks about that in the immediate, but it was liberal labor unions and those barack obama in the senate who decided to poison the well. he did it again this time, and i t
and you're going to the frustration and people like steve. you have a president and you that we're working on immigration reform in congress. they're trying to get people like marco rubio, like myself. he decided by executive order to do something they had no authority to do. and he decided to do something like that, and instead of advancing the ball on immigration, what he did is he poisoned the well so we wouldn't be willing to work on immigration reform. if you think about it, the only...
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i salute chairman steve israel, as i did yesterday. being a spectacular field marshal in all of this. i commend all of my leaders and co-leader steny hoyer and so many members of the leadership, steny hoyer, john clyburn, mr. becerra. the list goes on and on. and the women who traveled into districts. we were thinking that it was possible and it was. i would say one disappointment that i have is that medicare message, which was at stake, was so misrepresented by the republicans that the public was confused. people would say, why are the democrats want -- we weren't. democrats used savings of medicare to extend it for another decade, to provide benefits immediately. immediately. for seniors right now. republicans took that same money and gave tax cuts to the rich. and that was the message that outside money spent to misrepresent. and that is why the election of barack obama was so very, very important, to protect medicare. even though we could not get the majority, we knew when he won that many of the issues -- affordable care, medicare
i salute chairman steve israel, as i did yesterday. being a spectacular field marshal in all of this. i commend all of my leaders and co-leader steny hoyer and so many members of the leadership, steny hoyer, john clyburn, mr. becerra. the list goes on and on. and the women who traveled into districts. we were thinking that it was possible and it was. i would say one disappointment that i have is that medicare message, which was at stake, was so misrepresented by the republicans that the public...